MIRA INFORM REPORT

 

 

Report Date :

31.03.2011

 

IDENTIFICATION DETAILS

 

Name :

VAN DELDEN GMBH

 

 

Registered Office :

Kreuzweg 58 D 48607 Ochtrup

 

 

Country :

Germany

 

 

Date of Incorporation :

07.09.1982

 

 

Com. Reg. No.:

HRB 1638

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of made-up textiles (except apparel)

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

 

Maximum Credit Limit :

250.000 EUR

 

 

Status :

Good

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – December 31, 2010

 

Country Name

Previous Rating

(30.09.2010)

Current Rating

(31.12.2010)

Germany

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Name and address

 

VAN DELDEN GMBH

 

Company Status:      active

 

Main address:      

Kreuzweg 58

D 48607 Ochtrup

Telephone:02553/14-0

Telefax:  02553/14-450

Homepage: www.van-delden.com

E-mail:   fashion.info@van-delden.com

 

 

Registration data

 

LEGAL FORM                Private limited company

Date of foundation:         1982

Registered on:               07.09.1982

Commercial Register:     Local court 48565 Steinfurt

under:               HRB 1638

 

 

Share capital                      

 

EUR          2.000.000,00

 

 

Shareholder

 

Hof Oberstoff GmbH

Laurenzstr. 55

D 48607 Ochtrup

Legal form: Private limited company

Share capital:     EUR         10.200.000,00

Share:             EUR          2.000.000,00

Registered on: 07.12.1981

Reg. data: 48565 Steinfurt, HRB 1578

Control and profit transfer agreement

 

Manager:

Volker Adrion

Mussener Weg 16

D 95213 Münchberg

having sole power of representation

born: 08.04.1960

Profession: Businessman

 

Proxy:

Johann Hüsemann

Alfred-Nobel-Str. 11

D 48529 Nordhorn

authorized to jointly represent the company

born: 21.09.1952

 

Proxy:

Andreas Nowack

D 63762 Großostheim

born: 17.09.1963

 

 

Further functions/participations of Volker Adrion (Manager)

 

Limited partner:

GeBra GmbH & Co. KG

Ebertstr. 110

D 26382 Wilhelmshaven

Legal form: Ltd partnership with priv. ltd.

company as general partner

Total cap.         EUR          3.528.000,00

contribution:

Share:             EUR            358.000,00

Registered

on:         06.06.2001

Reg. data:  26135 Oldenburg, HRA 130303

 

Limited partner:

Hotel am Stadtpark GmbH & Co

Kommanditgesellschaft

Friedrich-Paffrath-Str. 116

D 26389 Wilhelmshaven

Legal form: Ltd partnership with priv. ltd.

company as general partner

Total cap.         EUR          2.383.279,98

contribution:

Share:             EUR            173.179,50

Registered

on:         04.11.1992

Reg. data:  26135 Oldenburg, HRA 130159

 

Manager:

Mosters Verwaltungs GmbH

Werkstr. 32

D 46395 Bocholt

Legal form: Private limited company

Share capital:     EUR             25.564,59

Registered

on:         27.01.1981

Reg. data:  48653 Coesfeld, HRB 7858

 

Manager:

Ochtruper Textilveredelungs GmbH

Gellenbeckstr. 6

D 48607 Ochtrup

Post Box:

13 62

Legal form: Private limited company

insolvent

Share capital:     EUR          1.000.000,00

Registered

on:         29.01.1982

Reg. data:  48565 Steinfurt, HRB 1588

 

Manager:

Hof Oberstoff GmbH

Laurenzstr. 55

D 48607 Ochtrup

Legal form: Private limited company

Share capital:     EUR         10.200.000,00

Registered

on:         07.12.1981

Reg. data:  48565 Steinfurt, HRB 1578

 

Manager:

SWG Vliesstoff GmbH

Fabrikzeile 21

D 95028 Hof

Legal form: Private limited company

Share capital:     EUR             25.000,00

Registered

on:         05.12.2002

Reg. data:  95030 Hof, HRB 3488

 

Member of the Board of Directors:

Textilgruppe Hof Aktiengesellschaft

Fabrikzeile 21

D 95028 Hof

Legal form: Public limited company

Share capital:     EUR         13.919.988,69

Registered

on:         18.11.1869

Reg. data:  95030 Hof, HRB 50

 

 

BUSINESS ACTIVITIES

 

Secondary industrial sector

13920   Manufacture of made-up textiles (except apparel)

4641   Wholesale of textiles

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

Negative information:We have no negative information at hand.

 

Maximum credit:      250.000 EUR

 

 

REAL ESTATE

 

Type of ownership:   Tenant

Address              Kreuzweg 58

                     D 48607 Ochtrup

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

COMMERZBANK, RHEINE

Sort. code: 40340030, Account no.: 1919158, BIC: COBADEFF403

 

 

FINANCIAL FIGURES

 

Financial year:      01.01. - 31.12.

Turnover:            2009               EUR         21.777.034,00

Share capital:                          EUR          2.000.000,00

Employees:                                                     44

- thereof permanent staff:                                     44

 

Control and profit transfer agreement to:

                     Hof Oberstoff GmbH Laurenzstr. 55

                     D 48607 Ochtrup

The aforementioned business figures may partly be estimated information based on average values in the line of business.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.77

UK Pound

1

Rs.71.69

Euro

1

Rs.63.02

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.